Surf, He is not gonna show any performance records. Period. So it is a matter of signing contracts and hoping for the best. And it isn't automated as it requires his total concentration and focus.
Maintain YM Shorts! http://www.finalternatives.com/node...lternatives+(FINalternatives+Hedge+Fund+News) By Claire Milhench (Reuters) - Some $14.5 billion was pulled from U.S. equity funds in the week to Wednesday, the largest outflows for 82 weeks, data from Bank of America Merrill Lynch (BAML) showed, as doubts grew about the "Trumpflation" rally. Investors piled into U.S. stock markets in the wake of Donald Trump's election as U.S. president in November, betting that his campaign pledges to cut taxes and boost spending would fuel growth and inflation. Wall Street rallied to record highs in the first quarter but took a dive after Trump failed to push a key healthcare reform bill through Congress, raising doubts about the rest of his program. On Friday, BAML data tracking investment flows showed a third straight week of outflows from U.S. equity funds. Europe, Japan and emerging market equities all attracted net inflows, with the latter pulling in $2.4 billion. Emerging market stocks are up 12.8 percent in dollar terms year-to-date, topping a BAML table of cross-asset winners and losers. Indian, Mexican and Korean equities were the top performers, all returning more than 16 percent in dollar terms. http://www.finalternatives.com/node...lternatives+(FINalternatives+Hedge+Fund+News)
Might be a good time to short on EEM. That 12.8% can't stand. Not now. Get long volatility. Its a no brainer.
Gentlemen it all shows up in the charts. The tape and the chart which is a grafical representation of the tape is the only truth and shows it all. With perhaps exception...dark pools etc...but it shows enough. There is simply no way to know all the fundamental factors nor to interpret correctly "how" they will drive the markets. In the end they do drive and influence but "how" can very subjective. Just look at the Fed announcements and their effect. There are both bullish and bearish cases that can be built from the same news!
Truth be told, your charts are very subjective and you win/lose based on your money management --nothing to do with guessing based on charts. Too bad the charts only show past price--- you need to guess about what way price will go after you enter the trade-- no pattern ,indicator or magic applied to past price can foretell what will happen next-- You are right, news is far from cut and dry regarding market reaction-- it takes knowledge and the ability to take news in context with the environment to clarify how it should affect the markets. There are ways to see how the large players are positioning themselves and when this is combined with current events it creates an effective method of anticipating market movement prior to it occurring. Using computer power to create charts to trade from is like putting Pirelli Z tires on an Amish buggy with your charts being the buggy. Seeing traders use "computer power" to draw charts always makes me chuckle as the data available today makes using only past price to make decisions irrelevant for all but the most basic noobs.